Oil loses ground on pessimism over U.S.-China trade talks
Oil prices weakened on Monday amid pessimism over U.S.-China trade talks and the prospect of slower economic growth globally that could reduce demand for crude.
Oil prices weakened on Monday amid pessimism over U.S.-China trade talks and the prospect of slower economic growth globally that could reduce demand for crude.
Stifel downgraded UPS to hold from buy and maintained its $118 per share price target
Pfizer Inc on Monday reported a 30% rise in quarterly profit, helped by demand for its branded treatments such as Ibrance, Eliquis and Xeljanz.
Mylan NV confirmed on Monday that it would combine with Pfizer Inc's off-patent branded and generic established medicines business to form a global generic drugmaker.
Wall Street's main indexes opened below their record highs on Monday, in a muted start to a week likely to be dominated by the Federal Reserve's policy stance and a round of tech company earnings that will again test the impact of trade concerns on global growth.
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Capital One Financial Corp said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.
A group of U.S. Democratic lawmakers on Monday criticized Goodyear Tire & Rubber Co for refusing to let them visit its Mexican plant, and said poor conditions there raised questions about Mexican labor reforms seen as key to ensuring passage of a new U.S.-Mexico-Canada trade agreement.
Oil prices extended overnight gains on Tuesday amid widespread expectations the U.S. Federal Reserve will cut interest rates for the first time in more than a decade this week.
Anadarko Petroleum Corp on Monday released new financial details of its proposed combination with Occidental Petroleum that revealed its acquirer did not expect to generate enough cash to cover its shareholder payments until 2022.
Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.
Capital One Financial Corp said on Monday the personal information including names, addresses, phone numbers and dates of birth of about 100 million individuals in the United States were obtained by a hacker who has now been arrested.
Mylan NV's planned merger with Pfizer Inc's off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems remains: shortages of its flagship EpiPen emergency allergy treatment.
General Motors Co is bracing for attacks from Democratic presidential candidates at two debates that begin on Tuesday in Detroit near its headquarters.
Bank of America Corp said on Monday it would end its electronic payment services joint venture with First Data Corp next June, hours after Fiserv Inc completed its acquisition of the payment processor.